Replies to post #20621 on AMC Entertainment Holdings Inc (AMC)

[Headsupmonk]

I don’t think it works for them to drop this hard from here. Nobody is selling now and I think they are realizing the cheaper this gets the more people hold and buy. They must drive up the price to get people out. Also they are playing a dangerous game by driving price down on Friday to keep options out of the money. I know some will disagree but people will just start buying more stock and will sit on it. A lot of the money coming in on options at the moment is vanishing. They better keep the chain healthy or it can backfire even more. It’s a double edged sword for them.

[Rollgard1]

Headsupmonk.....Next week is a short trading week as market is....

closed on Friday.That said,I have seen stocks make good gains on lighter than normal volume on weeks like this.However,without beating a dead horse,GME pretty much dictates where we go pps wise meaning when we have a multi point move for the day.Things have quietly changed for AMC many that are not aware of.Like GME front running us.Many still blame hedge funds,shorts,market manipulation etc...I get all that.Those things indeed do happen all the time.

However,it is hard for me to agree with those things for example if we open at 9:30 and rise say .75 cents...Things are looking good...Then we give up the .75 and reverse,now we are down .75 in a matter of minutes.When this happens before I even mumble stock manipulation to myself,I just peek at GME and look at the time it started to reverse on the chart per minute,how many red candles are in a row...how much has GME peeled back...and then I understand it is GME once again peeling backwards 10 points on a seller or short seller,and AMC is simply just following along because the program forces AMC to do this.And AMC 1 minute chart verifies the same move as GME..

Since this began happening to AMC,I had a boat load of 20 Strike Calls and we were 18 premarket....That day produced the short ladder attack taking us down from 18+ to 11 at the close,followed by 6 pps the next day...I donated those CAlls for a 17k loss or so...Ironic GME fell off it's record high area that day too.....but I did not put two and two together for days after this happened as we were now in a special program with GME and KOSS.So we got a rug pull compliments of GME peeling back dramatically.

So,Roll then says,"ah the 15's are better for next month" I can't miss again....Wrong,donated them too.Why? GME peeled back below 50 per share and we were around 6 dollars again from the rebound to 9 back to 5.25

Lastly,The CAlls OUT of The Money on AMC are all Hail Mary's imo....They can look like a sure thing but they are longshots with us at GME's mercy. One day they will pay off but not since the short ladder attack.

This week GME and their ER or lack of...cost us the drop from 14.40 to 8.75.....Otherwise we would of held the line and broke 15 per share.It is an incident like this that strengthens the facts that we follow GME as there was no reason at all for us to reverse off 14.40 all the way to 8.75 ,,,The ironically move up 2 points when GME went from 116 to 192 the next day.

Sorry for the long wind.....and AMC CEO is smart to do a count of shares.It will make the underwriter look silly or be sued if the votes come in greater than the amount of shares issued over the years by the underwriter.Taser sued Merrill Lynch for the exact thing I just typed years ago as there were more stock owned than what was sold by the underwriter at the IPO launch and years later.The Votes proved it.Taser prevailed.Look it up as I always traded taser back in the days.So AMC CEO and Us shareholders can learn a lot come May 4th 2021.....

Thanks Roll